Mobile phone manufacturing in India increased 21-fold to ₹4.1 lakh crore in a decade, with 97% local production due to government policies.

Mobile phone manufacturing in India has soared 21-fold to ₹4.1 lakh crore in the past decade, with 97% of the total demand now produced locally. Government policy measures, like the PLI scheme, have helped attract global players, boosting local production. India's mobile phone exports are estimated to end FY24 at ₹1,20,000 crore, a 7,500% increase over a decade.